Monday, February 22, 2010

A Cautionary Tale in Healthcare Reform - From latimes.com

A cautionary tale in healthcare reform - latimes.com

In 1992, New York passed a law requiring insurers to accept all applicants. Essentially, no pre-ex, guaranteed issue policies for anyone.

Today, New York has the highest health insurance premiums in the country, and millions go without insurance.

It stands for good reason as to why the Health Reform Legislation should be cautious about providing insurance on an "all-comers" basis.

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